President Trump says with Tariffs, we have a really good chance to completely END Federal INCOME TAX.
Foreigners are literally paying for American tax cuts
I don't see why not. The state and fed already embezzle it to build football stadiums for every suburban school district and send the rest to Israel while shit crumbles and waterways collect sewerage.There will be no functional difference. Home owners can pick up the slack on their property taxes.They're coming for your VA socialism once they're done cutting social security, niggers.
Here comes the collapse on the country. Thanks President Thiel!
>>60899932Americans pay for Europe's military so it's only fair.
Okay, abolish income tax and replace it with... another tax! Wtf is wrong with people? And how is dipshit going to pay off the federal debt or does he not actually care about that either?
>>60899932Oh really? How exactly?
>>60900585MAGAtards still don't understand that tariffs are a tax. They have some cognitive block about this concept.Is like explaining to libs that violence is mostly a racial thing. They cannot comprehend that.
>>60899868I don't pay income tax (thanks S corp and QBDI!) I want gibs.
The entire point of tariffs is to cease importing goods from overseas and instead manufacture them in the US so that you don't need to pay more to buy the product since you're buying a product domestically. So, if that happened, let's say there was some renaissance in American manufacturing, wouldn't that mean tariff revenue would drop like a rock off a cliff? There's no long-term plan with tariffs. It makes no sense to just keep a tariff on forever to generate revenue when the entire purpose of using tariffs in the first place is to stop companies from importing goods from overseas. Otherwise the tariff then just becomes a tax itself on Americans long-term and prices for imported goods is never going to decrease and the domestic competition is never going to be as cheap even with tariffs. What is the point of doing all this in the first place, it makes no sense. and that's beside the point anyways, because you're never going to come close to generating the amount of revenue that is generated with income taxes with tariffs alone unless you plan on bring tariffs up 50%+ on all imports, even then you likely won't be able to generate the necessary revenue to fund the government even if you slashed multiple agencies and other expenditures, only if you cut the military would you maybe be able to make it work but that's never going to happen.
>>60900593Debt to who? Israel? Fuck that
>>60900621don't you need to pay yourself a reasonable salary?
>>60900646>wouldn't that mean tariff revenue would drop like a rock off a cliff?Trading is never gonna go away. The USA is never going to be self sufficient.But that doesn't mean we should just abandon the idea of domestic manufacturing. It's currently way too imbalanced, to the point of being a risk.Now obviously the income tax isn't going to get abolished, but if it can be reduced but a significant amount and replaced with some tariff income, then that would be tariffic!
>>60900593he also thinks sales tax isnt tax
>>60900646>The thing that worked for 140 years before they invented federal income tax could never workHave you considered the effect of levying a 100% tax (tariff) on the 90% of consumers aka rich fucks buying things from another country who don't actually care whether it's $3,000 or $6,000... while simultaneously removing an income tax on the poor fucks who do care if their $20 wage can let them eat for the day (hint: rich fucks can ultimately pay the poor fucks less in this scenario) and the government still has its gibs because the 90% slice of consoomers doesn't change.
>>60900646google how they funded the federal government from 1776 to 1913.
>>60900859Why did they add income tax if tariffs are so great?
>>60900905because the revenue was needed to fund interest for the jewish federal reserve scam and neverending jewish wars.
>>60900646trvke
>>60900917>Uh, actually liberal this is how the government was funded for over a century!>Hey why'd they stop>Uh, uh, jews jews jews jews jewsYou know it was because tariffs started strangling the US trade-wise. They finally started ditching them after WW1 only to go back in the 20s... which wound up resulting in the Great Depression.Shockingly, making your country's budget dependent on things you cannot control, like foreign trade, isn't a great idea nowadays.
>>60900828It's not 16th century and they are not just shipping in silk and and porcelain from China anymore for the richfags, poor consoomer slop will be affected too.
>>60900905To create a permanent working class that could never advance or retire. The income tax came about the same time as the federal reserve fiat currency. It's all one big plan to siphon wealth out of the nation over a hundred years.
oh you mean the illegal tariffs thrown out in desperation followed by a desperate bid to regain public sentiment by screaming TAXES BAD?
>>60900975Hey so why when they tried to put tariffs back on in the 20s and early 30s it promptly gave us the Great Depression?
>>60899868No income tax = welfare can’t be funded = nigger riots
>>60900658Yes but income tax and payroll taxes are two separate things. I have 4 kids so at the end of the day my federal income tax rate is roughly 0. I'd take payroll taxes being killed too. That would benefit most paycheck to paycheck wagies more.
>>60900646>>60900905>>60900938The only reason we spend as much as we do is because we are paying for useless retarded nigger cattle programs so fat obese piles of shit can have their diabetes medicine and afford their $50 per meal goyslop while cranking out 14 children that are also going to live on the system and repeat the cycleI mean look at this shit. We could easily get away with cutting most of this out and saying fuck you to the lowest 5% of the population that contributes LESS THAN NOTHING while you work your entire life. Medicaid/medicare? For fucking who? I have to pay for my medical bills and insurance all on my own, who is the money going to? Social security? For the boomers that have devastated the country in the first place and are so insufferable to be around that their own children put them in homes? Health? Income security? What the fuck does that even mean? I don't mind us spending a lot of military personally but if we stop fighting retarded kike wars we could reasonably cut some of that and maintain powerPersonally I say we help the people that aren't a drain or can't help it like vets who contributed in the past and the permanently disabled where we determine that whether or not the factors are outside of their control and the rest can go fuck themselves.And also to put this into perspective this is for 2022, historically the amount we spend is usually MUCH more, last time I checked it was over 12T
>>60900646>you don't need to pay more to buy the product since you're buying a product domestically.Except we can get products made cheaper using brown slave labor. The cost of the labor to make the product overseas is cheaper than the amount we have to pay to import the product.
>>60900938>jews jews jews jews jewsmaybe try googling the people who started the federal reserve?
>>60901046Modeled after the Rothchilds central banks...
>>60900938>tariffs started strangling the US trade-wise. They finally started ditching them after WW1 only to go back in the 20s... which wound up resulting in the Great Depression.ah yes, the well-known fact that the great depression was actually caused by tariffs. >>60900646>ohh noo, how will the welfare state, military industrial complex, and bloated bureaucracy survive if we don't generate enough revenue for them!
>>60900585spoken like a true slave.
>>60901046oh look! it was still jews! you fucking faggot
>>60901017In your opinion, what was the best time period for American citizens?
>>60900612>I JUST HAVE TO CONSOOM CHINESE PLASTIC SLOP I NEED TO>HOW DARE YOU TAX MY FUNKOPOPS HOW CAN I SURVIVE WITHOUT IMPORTING FUNKOPOPS REEEEEEIt's not a tax sweatie
>>60901017What are you going to do to all of the people who rely on these social services? What about people who do work hard but fall on tough times? Should the government leave all of them behind, some of them will fall into poverty and then what? You may think it's all a waste but you don't have an actual solution.
cuckservatives will really do anything but tax the jews
>>60900585>>60900612I'm not a low IQ consumer retard like you fucking losers who need a constant supply of Funko Pops and Nintendo Switches to stop the thoughts of 41%-ing myself. So yes, for everyone with an IQ above 120, swapping Federal Income tax for tariffs (aka the loser consoomer neckbeard tax), is much welcome. I voted for exactly this btw.
Totally fine with this. I don’t buy bullshit so yeah have a consumption tax for the retard consoooomers
>>60901155>>60901178>>60901183Bait identified and ignored successfully. Nobody is this retarded.
>>60901187Post your credit card balance, troon.
>>60899868We should phase out the individual income tax and slowly increase the corporate tax. Also prohibit corporations from owning real estate. The corporate business form was a mistake.
>>60901187>ignored successfullyare you sure
>>60899868AIPAC will never allow this since it means less tax revenue to israel
>>60901094yes, precisely. that's why we say "every single time"
>>60901138Probably 80s/90s if we are talking in terms of general happiness but "best" is a bit subjective. What's best for a person isn't always what they want>>60901175I literally said "fuck em" in my post. Yes the solution is "leaving them behind". Natural selection, that's the solution. I don't know how much more clear I have to be. If you are retarded enough to get hooked on fet and work minimum wage into your 40s stacking boxes you should be happy to live in a first world countryAnd I also don't see people like you running down to your local bridge to rent a free room to the crackheads who are "down on their luck and fallen on tough times". Before I hear any sob stories about how cruel it is to leave behind your own citizens you do it every day that you choose to do nothing about it. The only difference between you and I is that I acknowledge the reality that not everyone is going to live a "fair" life.
>>60901187There’s no bait. I think tariffs are retarded but yeah sure, stop taxing 25 percent of my income and let losers like you pay for it through video game sales and Cheez-Its.
>>60899868I am pretty certain this is all just talk and spactacle, and it won't ever happen, but if it does then i will remember Trump as by far the most based president of my time. I don't need 1/3 of my income paying for welfare and israel anymore, thanks.
>>60900828Tariffs act as a flat tax since it increases consumer prices instead of being a percentage of your income. It will hurt low income households much more than rich households. You live in a globalised economy whether you like it or not. America does not produce everything domestically so poor people cannot simply buy 100% American made products.
>>60900612>tariffs are a taxJust buy American made goods that use American resources.
>>60901074>ah yes, the well-known fact that the great depression was actually caused by tariffs.Yes actually. You look up Great Depression causes the Smoot–Hawley Tariff Act is universally cited as being one of the principal factors.>ohh noo, how will the welfare state, military industrial complex, and bloated bureaucracy survive if we don't generate enough revenue for them!lol those are gonna be the last to go.
>>60901312>>60901312That's fine, low income households also consume tax benefits disproportionately, so it's actually more fair that way
>>60901261These people won’t just die off lmao. They will fight to the last tooth before dying of starvation.
>>60901353First off, none of these fatasses are going to starve and if they did they'd probably live longer. I missed the part where this is anyone's problem but theirs for not working like the rest of us
>>60901312All your retarded fear mongering rambling means nothing more than the fact that corporations will now have to lower the prices and increase the quality of their goods and services to attract consumers again, negating any artificial inflation caused by tariffs, and, in fact, over time, actually lowering prices. Cope and seethe, troon, I voted for this and will vote for it again in 2028.
>>60900593Our corporations are owned by foreigners retard.
>>60900989that's impossible because we had already created the (private company, owned by international bankers) federal reserve to prevent depressionscheckmate nazis
>>60901312These poors are buying plastic crap and ruining the country.We have to restrict their freedom to do so.
>President calls on Congress to (insert thing here)Just another thing that will never happen. Biden did the same thing. All Presidents do.
the bottom 50% of tax payers only contribute 3% of the total yearly income tax. i'm sure those faggots in D.C. could learn to tighten their belts. bump that up to 80% and it's still like 10-15% of revenue.
>>60900646I get what you mean but I think the future of manufacturing requires like 3 part time people to make everything everyone ever could want. It's being speculated that soon first world countries will start developing faster than "developing" nations.
>>60899868republicans are never serious about thisthey always propose it when there's no chance of it passing (D president, D house, D senate), then when they get control they just give israel more money
>>60901312>It will hurt low income households much more than rich households.Good
>>60900585ah yes, surely they were planning on paying down the federal debt with the current income tax bracket. It's not like billions have been spent on foreign wars and letting somalians live in New York hotels.
>>60900585>how is dipshit going to pay off the federal debtHyperinflation, unironically.
>>60901017News flash, moron. The vast majority of American people are on food-stamps, medicaid, and other various government-help programs on both the right and the left.If one were to slash the budget on such people, it would create a massive uproar that would see the new president/chump who passed that law thrown out of the white house and replaced with someone more agreeable by the senators and old judges that buy crack.TLDR; This is an unwinnable battle because every single citizen (aside from (YOU), of course) is guilty of it.
>>60903422also, CHECKED
>>60903349But they are proposing it now with all Rs in office.Your statement is false.Rating: Two Pinochios.
>>60899932Damn. That would be cool.
>>60901017You’re absolutely 1000% right, bunch of worthless NEETS are seething but these pointless programs need to be cut.I work in “psychiatry” and the number of people on disability for nonspecific mental disorders is ridiculous.
>>60900585the federal debt is unpayable by design, moron. there is more debt than money.
>>60900410> done cutting social security, niggers.Stop. Please. I can only get so erect
>>60900905Jews. Seriously.
>>60900938> You know it was because tariffs started strangling the US trade-wise. They finally started ditching them after WW1 You mean they ditched them after the federal reserve was created in 1913 and central banking was established? What a (((cohen)))cidence
>>60900989Tariffs did not cause the Great Depression
>>60900993I don’t see the downside
>>60903422> News flash, moron. The vast majority of American people are on food-stamps, medicaid, and other various government-help programsNo, they demonstrably aren’t
>>60899868Yeah it's 100% happening any day now, right after the DOGE checks and the Epstein files and prices coming down and Coca-Cola being made from cane sugar again and ending the Ukraine war on his first day in office and
>>60900585If they need money they can just print it. Income tax only exists to keep people poor and in debt. That said it's not going to happen, it's another bullshit promise like Biden's debt forgiveness. It doesn't happen and they blame the other party.
>>60899932>tariffs are a tax on foreigners>>60900684>actually they’re a tax designed to punish foreign trade, but not too much>>60900828>actually they’re a tax on the rich>>60901155>>60901178>actually they’re a moral tax on consumption/the poor>60901516>actually they’ll lower pricesLiteral actual pilpul.
>>60904853>>actually they’re a tax designed to punish foreign trade, but not too muchI never said that faggot, or even implied it.
>>60904853>I'm a giant faggot bitch assOh, okay then I won't pay attention to anything you say
>>60899868That would never happen, anon. People talk about getting a pay bump, but that’d be the ultimate pay bump. No taxes, no health insurance costs,just raw cash in your pocket. I can only imagine the kind of dumb shit I’d be wasting that extra money on. Actually id probably be stacking with that extra money.
>>60900612>tariffs are a taxSo don't be a mindless consumer who needs a Mercedes to convince others he's affluent. Net gainz for non-materialistic stoic niggas.
>>60901312>America does not produce everything domesticallyNot yet
>>60901367once enough people are on gibs, every politician needs to defend gibs to even get elected. that's the beautiful thing here
>>60900646>>60900828>>60901017>increase the domestic prices and foreign products pricesSeethe retards .The problem is money hungry businesses which need to be shut down.>that will be 350k dollars for a USA made car goy I deserve it lolol
>>60901094>>60901217It was started by americans retard.>congress and pres wilson
>>60900000
>>60900410>once they're done cutting social securityou say that as if its a bad thing. how out of touch are you? no one in our generation is getting SS anyway
>>60899868No, obviously Cool current thing distraction thread
>>60900585>>60900612These are not Americans and they’re coping hard
>>60907244Thank god he didn't get trips
Sweet! Now I just have to get a job and I'll be rolling in money! Fourteen words, here I come! Should be easy here in Trump's economy.Hmmm... hey, wait a minute. Every company everywhere is only hiring indians! What the hay is goin' on here?
>>60903422>The vast majority of Californians are on food-stamps, medicaid, and other various government-help programs on both the right and the left.
>>60899868If the tariffs are consumption based then why do you hate billionaires again? What are contributing? Just imagine.
Here's the thing about replacing federal income tax which, despite loopholes is still generally progressive in the sense that the more income you make the higher your tax bracket, with a regressive consumption tax: it shifts tax burden primarily towards those who have the least disposable income to give and simultaneously the least to gain from a stable society (or lose from an unstable one). It lets the merchant/usurist class shirk their existing tax burden, AND they still have the market power to pass on the new sales taxes, so they can effectively avoid that, too. This is all ignoring the fact that using tariffs specifically (as opposed to a general VAT/sales tax) is unsustainable, IF the tariffs are actually meant to be protectionist, because as your foreign producers stop selling to you (presumably because domestics have become more competitive), your tariff collections will evaporate.